subject
Mathematics, 13.02.2022 08:30 jacamron

If consumers always spend 15 percent of their income on food, then the income elasticity of demand for food is O a. 0.15
O b. 1.00
O C. 1.15.
O d. 1.50.
O e. none of the above.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 22:30
Which description is represented by a discrete graph? kiley bought a platter for $19 and several matching bowls that were $8 each. what is the total cost before tax? the temperature at 9 a.m. was 83° f and is heating up at an average rate of 6°f per hour. what is the temperature x hours later? juan ate an egg with 78 calories and some cereal with 110 calories per serving for breakfast. what is the total amount of calories he consumed? a bottle contained 2,000 ml of liquid and is being poured out at an average rate of 300 ml per second. how much liquid is left in the bottle after x seconds?
Answers: 3
question
Mathematics, 22.06.2019 02:10
Susan is paying $0.30 per $100 on her $483,000 home in homeowners insurance annually. if her annual homeowners insurance premium is divided into twelve equal monthly installments to be included on each of her monthly mortgage payments of $2,128.00, what is her total monthly payment?
Answers: 2
question
Mathematics, 22.06.2019 03:00
A. find the power of the test, when the null hypothesis assumes a population mean of mu = 450, with a population standard deviation of 156, the sample size is 5 and the true mean is 638.47 with confidence intervals of 95 b. find the power of the test, when the null hypothesis assumes a population mean of mu = 644, with a population standard deviation of 174, the sample size is 3 and the true mean is 744.04 with confidence intervals of 95% c. find the power of the test, when the null hypothesis assumes a population mean of mu = 510, with a population standard deviation of 126, the sample size is 10 and the true mean is 529.44 with confidence intervals of 95
Answers: 2
question
Mathematics, 22.06.2019 05:00
Write an expression that is equivalent to ( 3+14)+27.
Answers: 1
You know the right answer?
If consumers always spend 15 percent of their income on food, then the income elasticity of demand f...
Questions
question
Mathematics, 07.05.2020 07:57
question
English, 07.05.2020 07:57